Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Concentrix
CNXC
|
+$196M |
| 2 |
Tesla
TSLA
|
+$162M |
| 3 |
PROG Holdings
PRG
|
+$150M |
| 4 |
Morgan Stanley
MS
|
+$120M |
| 5 |
Unilever
UL
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$284M |
| 2 |
Comcast
CMCSA
|
+$222M |
| 3 |
ExxonMobil
XOM
|
+$166M |
| 4 |
AAN.A
The Aaron's Company Inc Class A
AAN.A
|
+$165M |
| 5 |
TD Synnex
SNX
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.83% |
| 2 | Technology | 16.31% |
| 3 | Industrials | 13.47% |
| 4 | Consumer Discretionary | 12.13% |
| 5 | Healthcare | 10.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1426
Malibu Boats
MBUU
$548M
| $46.4M | 0.02% |
742,517
-21,471
| -3% | -$1.24M |
|
1427
DNOW Inc
DNOW
$2.44B
| $46.3M | 0.02% |
6,451,616
-935,657
| -13% | -$5.26M |
|
|
HTO
1428
H2O America
HTO
$2.67B
| $46.1M | 0.02% |
665,072
-12,706
| -2% | -$826K |
|
|
MOMO
1429
Hello Group
MOMO
$867M
| $46.1M | 0.02% |
3,305,811
+604,141
| +22% | +$8.73M |
|
1430
Credicorp
BAP
$30.5B
| $46.1M | 0.02% |
281,080
-6,600
| -2% | -$916K |
|
|
BPFH
1431
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $46M | 0.02% |
5,447,985
-266,132
| -5% | -$1.89M |
|
1432
Blackbaud
BLKB
$1.94B
| $46M | 0.02% |
799,483
+24,979
| +3% | +$1.39M |
|
1433
Frontdoor
FTDR
$5.27B
| $46M | 0.02% |
916,251
-5,636
| -0.6% | -$258K |
|
|
NFBK
1434
DELISTED
Northfield Bancorp
NFBK
| $46M | 0.02% |
3,730,065
-20,628
| -0.5% | -$229K |
|
1435
Costamare
CMRE
$1.85B
| $45.9M | 0.02% |
5,541,834
-34,968
| -0.6% | -$244K |
|
1436
Paylocity
PCTY
$7.75B
| $45.9M | 0.02% |
222,804
-616
| -0.3% | -$119K |
|
1437
Cimpress
CMPR
$2.37B
| $45.8M | 0.02% |
522,322
-7,187
| -1% | -$617K |
|
|
SEE
1438
DELISTED
Sealed Air
SEE
| $45.8M | 0.02% |
999,224
-22,413
| -2% | -$971K |
|
|
SGEN
1439
DELISTED
Seagen Inc. Common Stock
SGEN
| $45.7M | 0.02% |
261,057
+23,068
| +10% | +$4.3M |
|
1440
Huazhu Hotels Group
HTHT
$13.3B
| $45.7M | 0.02% |
1,014,165
-101,426
| -9% | -$4.63M |
|
1441
SPS Commerce
SPSC
$2.55B
| $45.5M | 0.02% |
418,636
-25,030
| -6% | -$2.35M |
|
|
NXGN
1442
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $45.4M | 0.02% |
2,489,435
-7,979
| -0.3% | -$127K |
|
|
INFO
1443
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $45.4M | 0.02% |
505,472
+247,700
| +96% | +$21.5M |
|
1444
National Health Investors
NHI
$3.79B
| $45.4M | 0.02% |
656,324
-11,885
| -2% | -$756K |
|
1445
PTC
PTC
$15.3B
| $45.3M | 0.02% |
378,884
+39,788
| +12% | +$3.96M |
|
1446
Gerdau
GGB
$9.54B
| $45.3M | 0.02% |
12,205,812
-2,556,569
| -17% | -$8.52M |
|
|
GCP
1447
DELISTED
GCP Applied Technologies Inc.
GCP
| $45.1M | 0.02% |
1,908,391
-4,896
| -0.3% | -$114K |
|
1448
Zillow
ZG
$7.85B
| $45M | 0.02% |
331,368
-7,045
| -2% | -$794K |
|
|
HEES
1449
DELISTED
H&E Equipment Services
HEES
| $45M | 0.02% |
1,511,122
-62,096
| -4% | -$1.6M |
|
1450
Carriage Services
CSV
$647M
| $45M | 0.02% |
1,437,907
-43,464
| -3% | -$1.18M |
|
Similar funds
Dimensional Fund Advisors's Q4 2020 Portfolio in Review
As of Q4 2020, Dimensional Fund Advisors held 3,414 positions worth $277B, up 17% from $236B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Trading was light in Q4 2020: portfolio turnover was 4.5%. Dimensional Fund Advisors opened 81 new positions and exited 72, leaving the 3,414-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 15% a quarter earlier, followed by Technology and Industrials.
- Dimensional Fund Advisors's largest Q4 2020 buy was Concentrix: 1,965,264 shares worth $194M.
- Dimensional Fund Advisors added most to Tesla in Q4 2020, an estimated $162M increase.
- Dimensional Fund Advisors's biggest Q4 2020 reduction was Apple, cutting an estimated $284M.
- Dimensional Fund Advisors fully exited The Aaron's Company Inc Class A in Q4 2020, selling an estimated $165M.
- Dimensional Fund Advisors's ten largest holdings make up 11% of its $277B portfolio in Q4 2020.
- Dimensional Fund Advisors opened 81 new positions and closed 72 in Q4 2020.
- Dimensional Fund Advisors's portfolio value rose 17% quarter-over-quarter to $277B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2020, filed 11 Feb 2021.